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BPAY ETF — BlackRock Future Financial and Technology ETF
BlackRock Future Financial and Technology ETF (BPAY)
Updated October 16, 2026.
Verdict as of October 16, 2026
BPAY's distribution is rated caution by the Dividend Vision Distribution Safety Score™ (47/100, high confidence). It pays semi-annual and its distribution rate is 1.16%. The latest total cash payment per current share, $0.145 with an ex-date of June 15, 2026, was 91.4% lower than the previous $1.68. These payments are unclassified; this does not establish a base-dividend change.
Sources: BlackRock, Section 19a-1 notices, scoring methodology.
BPAY is an ETF. its distribution rate is 1.16%, its trailing-12-month yield is 7.32%, its expense ratio is 0.55%. Dividend Vision Distribution Safety Score™ is 47/100 (Caution). Total return is 11.4% over the past 4.2 years, 77.2 points behind SPY at 88.6%.
BlackRock Future Financial and Technology ETF is an equity fund that invests at least eighty percent of its net assets in stocks of fintech companies and related derivatives, with a non-diversified portfolio structure. The fund carries a modest distribution rate and distributes semi-annually, with an expense ratio of 0.55%. It appeals primarily to growth-oriented investors seeking exposure to financial technology companies rather than those focused on current income.
BPAY dividend yield and income
Price as of 2026-10-16.
The distribution rate (1.16%) uses calculation basis unavailable. Trailing-12-month yield (7.32%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.145. The ex-dividend date is 06/15/2026. The payment date is 06/18/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-06-15 | $0.145 | -91.4% Unclassified cash |
| 2025-12-16 | $1.683 | 2085.7% Unclassified cash |
| 2025-06-16 | $0.077 | 13.2% Unclassified cash |
| 2024-12-17 | $0.068 | 11.5% Unclassified cash |
| 2024-06-11 | $0.061 | -67.7% Unclassified cash |
| 2023-12-20 | $0.189 | 133.3% Unclassified cash |
| 2023-06-07 | $0.081 | 125.0% Unclassified cash |
| 2022-12-13 | $0.036 | — |
| 2022 total (partial launch year) | $0.036 | — |
| 2023 total | $0.27 | — |
| 2024 total | $0.129 | -52.2% |
| 2025 total | $1.76 | 1264.3% |
| 2026 YTD total | $0.145 | 88.3% vs prior-year YTD |
BPAY dividend growth
Trailing-12-month distributions versus the preceding 12 months changed +1160.7%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -52.90%.
| Window | Change |
|---|---|
| 1Y | +1160.7% |
BPAY holdings and sector exposure
Holdings are not available for this snapshot.
BPAY performance versus SPY
Price and return data through 2026-10-16.
Total return is 11.4% over the past 4.2 years, 77.2 points behind SPY at 88.6%. Over the past year its total return — price change plus distributions reinvested — is -13.5%. Its deepest 1-year drawdown was 30.3%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -3.8% | — |
| 3M | -6.6% | — |
| 6M | 0.7% | — |
| YTD | -7.5% | — |
| 1Y | -13.5% | — |
| 2Y CAGR | — | 2.00% |
| 3Y CAGR | — | 10.90% |
| Since inception (4.2 years) | 11.4% | 2.60% |
BPAY key facts
- Distribution Safety Score™
- 47 · Caution
- Safety-Adjusted Yield
- 0.55%
- Issuer
- BlackRock
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 08/16/2022
- Expense ratio
- 0.55%
- Distribution rate
- 1.16%
- Distribution frequency
- Semi-Annual
- Trailing yield
- 7.32%
- Last close
- $24.96 (as of 2026-10-16)
- AUM
- $9,131,267
- Average volume
- 2791.0
- Dividend
- $0.145
- Ex-dividend date
- 06/15/2026
- Payment date
- 06/18/2026
- Beta
- 1.45
How Dividend Vision calculates yield and returns
Distribution rate (1.16%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (7.32%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: BlackRock; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
BPAY risks and drawbacks
BPAY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 30.3%.
Who may consider BPAY — and who may not
It is a weaker fit for investors who need monthly cash flow (BPAY pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on BPAY
Frequently asked questions
Does BPAY pay monthly?
No. BPAY currently pays semi-annual, not monthly.
What is BPAY's expense ratio?
BPAY's expense ratio is 0.55%.
What is BPAY's dividend yield?
BPAY's distribution rate is 1.16%, paid semi-annual, with a 0.55% expense ratio — calculation basis unavailable.
How has BPAY's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed +1160.7%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does BPAY pay a dividend?
BPAY pays semi-annual. The dividend amount is $0.145. The ex-dividend date is 06/15/2026. The payment date is 06/18/2026.
How has BPAY performed?
Total return is 11.4% over the past 4.2 years, 77.2 points behind SPY at 88.6%. Over the past year its total return — price change plus distributions reinvested — is -13.5%. Its deepest 1-year drawdown was 30.3%.
Is BPAY a good investment?
BPAY's Dividend Vision Distribution Safety Score is 47 (Caution). That is a risk signal, not investment advice. Its distribution rate is 1.16% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
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Holdings as-of date unavailable.
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